“Free money” for the agricultural sector as helping hand for investment activities in times of financial crisis

Temelkov, Zoran and Paceskoski, Vlatko (2009) “Free money” for the agricultural sector as helping hand for investment activities in times of financial crisis. Stopanska akademija"D.A. Svisov". pp. 96-101. ISSN ISBN 978-954-23-0438-8

[thumbnail of __ugd.edu.mk_private_UserFiles_vlatko.paceskoski_Desktop_trudovi recenzirani_“Free money” for the agricultural sector as helping hand for investment activities in times of financial crisis.pdf]
Preview
Text
__ugd.edu.mk_private_UserFiles_vlatko.paceskoski_Desktop_trudovi recenzirani_“Free money” for the agricultural sector as helping hand for investment activities in times of financial crisis.pdf

Download (234kB) | Preview

Abstract

As result of the last financial crisis many companies in the agricultural sector have reported decreases in their bottom line, due to decrease in the demand for their products (Bajalska, 2007).This decrease regardless of its size has had impact on the future strategies of the companies by affecting their investment projects. This is due to the fact that the financial crisis has forced many companies to commence a cost cutting process with the objective of maintaining their solvency (Saks, 2009, Jovanova, 2008). The investment projects have suffered because the planned financial resources were stopped (at least until the crisis are over). As it is well known, some of the projects could not be delayed, thus companies are desperately in need for extra funds, funds which became extremely expensive on the Macedonian market (Bogdanovska, 2009).The agricultural sector is one of the sectors in Macedonia that was severely influenced by this crisis in terms of increase in the price they are paying for the capital they have borrowed and decrease in the bottom line (Tomik, 2009; Bogdanovska, 2009). The capital borrowed has become more expensive because most of them have borrowed the money with flexible interest rates, and during the crisis the interest rate have notice a significant upward movement (Bogdanovska, 2009; Tomik, 2008).

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Vlatko Paceskoski
Date Deposited: 30 Nov 2012 14:07
Last Modified: 30 Nov 2012 14:07
URI: https://eprints.ugd.edu.mk/id/eprint/2562

Actions (login required)

View Item View Item